Problems of forming fair value and impairment of non-current assets in the financial statements of organizations

The authors consider issues related to the mechanism of formation of fair value, depreciation of non- current assets, taking into account the possibility or absence of determining the recoverable amount of an asset and reflecting the results in the financial statements of an economic entity. They offer organizational and methodological approaches to the impairment procedure for both an individual asset and a cash-generating unit. Give recommendations on the assessment and reflection of the fair value of assets in the financial statements of the enterprise.